Jan 7, 2026
Law and Order
Crypto Advocates Renew Stablecoin Rewards Push as Market Structure Bill Nears Key Senate Vote
The debate surrounding stablecoin rewards is growing louder as the Senate Banking Committee approaches a key markup vote on a crypto market structure bill next Thursday. After hundreds of community bank leaders urged U.S. Senate members to protect local lending from perceived stablecoin risks, several high-profile members of the crypto industry pushed back, including Coinbase Chief Policy Officer Faryar Shirzad. “Congress already settled this in GENIUS—reopening it now only creates uncertainty a...
Jan 7, 2026
Business
YouTube Rival Rumble Debuts Bitcoin, Tether Wallet for Crypto Creator Tips
Publicly traded video streaming firm Rumble rolled out its crypto wallet—called Rumble Wallet—on Wednesday to support crypto payments and tipping for its creator economy. Built with stablecoin issuer Tether’s wallet development kit and using payments infrastructure from MoonPay, the non-custodial wallet is directly embedded within the Rumble platform and initially supports dollar-backed stablecoin USDT, Tether’s Gold-backed token (XAUT), and Bitcoin (BTC). “Rumble represents free speech and li...
Dec 30, 2025
Markets
The Year in Stablecoins 2025: Record Growth as GENIUS Act Opens the Floodgates
Stablecoins just had their biggest year on record. The total stablecoin market capitalization has grown by 49% in 2025, going from $205 billion in January to $306 billion at the end of November, according to data on crypto analytics platform DeFi Llama. The ballooning of the stablecoin category has been driven by very strong catalysts. In the past 12 months, stablecoin issuers have gained a U.S. regulatory framework, further clarity and rollout of MiCA in the European market, and the embrace of...
Dec 25, 2025
Coins
From Tether to the Trump-Backed USD1: The 7 Fastest-Moving Stablecoins of 2025
This was a defining year for stablecoins, with the signing of the GENIUS Act, a high-flying IPO for Circle, and a handful of tokens outpacing the rest. Since the start of January, the overall U.S. dollar-denominated stablecoin supply has increased by more than $100 billion, to $314 billion total. But that doesn’t mean all boats have risen at the same rate. To measure stablecoin performance, Decrypt calculated velocity using historical data from crypto price aggregator CoinGecko from January thro...
Dec 16, 2025
Coins
Tether Invests in Crypto Startup Powering Stablecoin Use via Bitcoin Lightning Network
Prominent stablecoin issuer Tether has announced a strategic investment in Speed, a payments infrastructure firm utilizing the Bitcoin Lightning Network and stablecoins for instant global settlements. Tether said Tuesday that it co-led Speed's $8 million funding round alongside Ego Death Capital. Via products like Speed Wallet and Speed Merchant, Tether said that Speed currently processes over $1.5 billion in annual payment volume, serving 1.2 million users and businesses. The platform offers in...
Dec 15, 2025
Markets
Juventus Owner Rejects Tether's $1.2 Billion Acquisition Offer, Sending Team's Stock Soaring
Shares in Italian soccer club Juventus rose than 17% after Exor, a holding company with majority ownership, rejected an all-cash offer from stablecoin giant Tether. Tether’s all-cash offer to Exor on Friday was reportedly valued at €2.66 ($3.13) a share—a value around 21% higher than Friday’s closing price, according to data from Yahoo Finance. The offer valued the club around €1.1 billion in total ($1.29 billion). “Exor N.V. announces that its Board of Directors has unanimously rejected an uns...
Dec 12, 2025
Business
Crypto Giant Tether Makes Offer to Acquire Juventus Soccer Club
Stablecoin giant Tether is making a push to become the owner of Italian soccer club, Juventus. The USDT issuer submitted a binding all cash proposal to acquire 65.4% of the club that is currently owned by Exor—a holding company for the Agnelli family, creators of car brand Fiat. Financial details were not disclosed. “For me, Juventus has always been part of my life,” said Tether CEO Paolo Ardoino, in a statement. “I grew up with this team. As a boy, I learned what commitment, resilience, and r...
Dec 12, 2025
Law and Order
Lawmakers Say Bank of England Stablecoin Proposals Will ‘Limit Adoption, Push Activity Overseas’
A group of British lawmakers has urged the Bank of England to reconsider proposals that would cap stablecoin holdings for citizens and businesses, and impose stringent reserve requirements on issuers. Under the proposals—which are still undergoing consultation—stablecoin holdings would be capped at $26,350 (£20,000) for private individuals and $12.7 million (£10 million) for businesses, with some exemptions possible for larger firms. In addition, stablecoin issuers would only be permitted to hol...
Dec 11, 2025
Law and Order
Crypto Is Now Central to Venezuela’s Economy—And Poses Sanctions Risks: TRM
New research suggests Venezuela has become increasingly dependent on crypto as the United States and its allies escalate a push for regime change in the isolated nation. Nearly a decade of economic isolation, aggressive international sanctions, and economic collapse have made crypto tokens—particulary, Tether’s USDT stablecoin—central to the everyday life of Venezuelans, according to a new report from TRM Labs. The report also underscores how Venezuela’s largely unregulated crypto economy has po...
Dec 10, 2025
Health
Tether Pivots to Wellness Apps and Robotics in Latest Step Away from Crypto
Tether, the issuer of the world’s largest stablecoin, is making an unlikely pivot into consumer health. The company launched a wellness app, QVAC Health Wednesday, marking its latest attempt to diversify beyond the crypto industry. Its rollout comes just days after Tether backed a humanoid robotics firm, signaling a strategy that increasingly relies on reinvesting its interest-income windfall into disparate technology sectors. The move is a sharp departure for a company whose primary business...
Nov 26, 2025
Markets
S&P Downgrades Tether's USDT Stability to 'Weak' Due to Bitcoin Backing Concerns
S&P Global Ratings has warned that stablecoin issuer Tether's USDT could lose its 1:1 peg with the U.S. dollar due to some of the assets the digital token is backed by, namely the recently declining Bitcoin. Credit ratings provider S&P Global said Wednesday that USDT could become "undercollateralized" if the assets backing the industry-leading stablecoin decline in value. S&P downgraded the coin's ability to stay at a stable value, giving it a "weak" rating. S&P Global added that Tether doesn't...
Nov 24, 2025
Markets
Rumble Stock Jumps After Stablecoin Giant Tether Buys 1 Million Shares
Shares in publicly traded video streaming platform Rumble are up more than 14% on Monday amid news that stablecoin giant Tether acquired another 1 million shares in the firm, valued around $5.75 million at the time of Friday’s disclosure. Data pulled from a recent SEC filing for Tether Holdings shows the firm acquired 1,063,670 additional shares of RUM in three separate transactions last week, at prices ranging between $5.38 and $5.46. USDT issuer Tether now owns nearly 104.4 million Rumble sha...
Nov 19, 2025
Law and Order
'Modern-Day Pablo Escobar': Treasury Sanctions Ex-Olympian Over Alleged Crypto-Fueled Crime Empire
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Wednesday placed sanctions on “drug kingpin” Ryan James Wedding, nine of his associates, and nine entities linked to him. The Federal Bureau of Investigation (FBI) has been on the hunt for former Olympic athlete Wedding for over a year now, and placed the man on its most wanted fugitives list for his alleged cocaine empire. "You do not get to be a drug kingpin and evade the law. Make no mistake about it: Ryan Weddi...
Nov 6, 2025
Markets
Ark Invest's Cathie Wood Slashes Bitcoin Price Target Over Growing Stablecoin Mania
Outspoken Bitcoin investor Cathie Wood said Thursday that she's becoming less bullish on the leading cryptocurrency's price prospects because of how useful stablecoins are proving to be. The CEO and CIO of Ark Invest said in an interview with CNBC that instead of giving Bitcoin a bullish price target of $1.5 million per coin by 2030, she now expects it to hit $1.2 million by that year. While still a sizable increase from Bitcoin's current price, that's a substantial cut from the previous target...
Nov 4, 2025
Law and Order
US Treasury Sanctions Web of North Korean Bankers Tied to Global Crypto Crime Operation
The U.S. Treasury Department issued sanctions Tuesday against a slew of expat North Korean bankers, who are accused of laundering stolen crypto to aid the pariah state’s weapons programs. Eight such bankers, primarily based in China and Russia, were sanctioned today for their role in allegedly laundering funds destined for North Korea. A portion of those funds were traced back to crypto thefts pulled off by North Korean ransomware attackers and IT-related scams, the Treasury said. The fresh s...
Nov 3, 2025
Business
Morning Minute: Tether Prints $10 Billion in Profit
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors fall in overnight selloff, with damage accelerating this morning Bitcoin ended October red for the first time in 7 years Trump distances himself from CZ, says he “didn’t know” him Microsoft inks $9.7B deal with Bitcoin miner IREN Tether nets $10B in profits s...
Oct 31, 2025
Business
Tether Reports $10 Billion Profit in 2025 So Far—Here's How That Compares to the Big Banks
Tether reported a massive profit of $10 billion for the first three quarters of 2025 Friday, putting the world’s top stablecoin issuer in the same league as Wall Street titans. Tether’s performance so far this year rivals that of the most profitable banks in the world—and has even eclipsed that of some of America’s top financial institutions. The USDT issuer’s reported net income is greater than that of Bank of America, for example, which notched an $8.9 billion profit in 2025’s first three fi...
Oct 18, 2025
Business
'Only $250K?' Jack Dorsey Prods Tether Over Donation to Support Bitcoin Devs
Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on X, shortly after it was touted by Tether’s CEO, Paolo Ardoino. “Why only $250K?” Dorsey replied curtly to Ardoino. why only $250k? — jack (...
Oct 16, 2025
Markets
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
Payments giant Visa thinks stablecoins could play a big role in the $40 trillion global credit market, the company said in a new report. Visa’s new report doesn’t claim that on-chain lending will reach $40 trillion. Instead, it argues that stablecoin-based lending could open the door for traditional institutions to bring parts of the $40 trillion global credit market onto programmable, blockchain-based rails. “For banks and financial institutions, this represents both an opportunity and an imper...
Oct 14, 2025
Law and Order
Tether Pays $300 Million to Settle Celsius Lawsuit Over $4.5 Billion in Bitcoin
The Blockchain Recovery Investment Consortium (BRIC), a partnership between investment firms GXD Labs and VanEck, announced that stablecoin giant Tether has paid $299.5 million to settle claims from the Celsius Network bankruptcy estate. The payment resolves an adversary proceeding filed in August 2024 in the U.S. Bankruptcy Court for the Southern District of New York, and the settlement represents a fraction of the value of funds that Celsius sought to recover from Tether. Tether had publicly r...

